AND HEALTH INSURANCE PRACTICE SET
ANSWERS FULL SOLUTION
◉ After an automobile insurance policy has been in effect for at least
60 days, if it is canceled by the insurer for any reason other than
nonpayment of premium, the insurer must give the insured written
notice at least.
Answer: 30 days in advance
◉ Workers' compensation insurance is available in Mississippi
through.
Answer: Private insurers
◉ The maximum amount provided as a burial allowance under
workers' compensation insurance in Mississippi is.
Answer: $5,000
◉ In Mississippi, workers' compensation insurance is compulsory
for private sector employers who employ.
Answer: 5 or more workers
,◉ To be eligible for coverage under the Mississippi Automobile
Assigned Risk Plan, an applicant must certify that she has sought
unsuccessfully to obtain coverage within the preceding.
Answer: 60 days
◉ To nonrenew an automobile insurance policy, an insurer must
give the insured written notice at least.
Answer: 30 days in advance
◉ If an insurer cancels an automobile policy for a reason other than
nonpayment of premium, the insurer must notify the named insured
of possible eligibility for.
Answer: The assigned risk plan
◉ Workers' compensation total disability benefits are retroactive to
the start of disability if the disability continues for.
Answer: 2 weeks
◉ Workers' compensation benefits are subject to.
Answer: No dollar amount
◉ Which of the following is correct regarding uninsured motorist
coverage?.
Answer: The insured may reject the coverage
, ◉ When an industrial fire insurance policy is written in Mississippi,
the maximum limit of coverage that may be written for any one
dwelling.
Answer: $40,000
◉ When an industrial fire insurance policy is written in Mississippi,
the maximum limit of coverage that may be written on the contents
of any one dwelling is.
Answer: $20,000
◉ Under Mississippi's valued policy law, if a building is totally
destroyed by fire, the insurer.
Answer: Must pay the full amount of insurance
◉ Which of the following may the Windstorm Underwriting
Association use to determine if a property is insurable.
Answer: Occupancy
◉ The Windstorm Underwriting Association was created primarily
to provide wind and hail coverage for what areas of the state.
Answer: Coastal areas